Let God Help Resources Inc

Analysis

Let God Help Resources Inc is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Let God Help Resources Inc reported income of $308k and spending of $305k, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $217k to $308k (+42%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Let God Help Resources Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 57th percentile within DE. Charities of a similar size with the same main cause include Accrediting Council on Education in Journalism & Mass Communications ($307k), Carteret County Public School Foundation ($308k) and The 1881 Research Institute ($307k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 102% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). Other salaries and wages came to $32k. At year end it held assets of $4,857 against liabilities of $11k, net assets of -$5,728. It reported 1 employees.